Item$3$

$0\mathrm{.}4$

points

Time Remaining $10$ minutes $53$ seconds$00$:$10$:$53$

eBookCheck $my$ workCheck $My$ Work button $is$ now disabled$1$Item $3$

Time Remaining $10$ minutes $53$ seconds$00$:$10$:$53$

$If$ Pop Company owns $15\%of$ the common stock $of$ Son Company, then Pop Company typically:

Multiple Choice

Would record $15\%of$ the net income $of$ Son Company $as$ investment income each year.

Would record dividends received from Son Company $as$ investment revenue.

Would increase its investment account $by15\%of$ Son Company income each year.

All $of$ these answer choices are correct.